Would you do this deal?

[Jason Bedsaul]

Hello BiggerPockets Land,

Longtime lurker, first time poster.

Looking to do a deal that would assume another investor's portfolio in a rural community that already has renters, property managers, etc. The towns are really rural, but stable with some growth; think working class C+. 

Here's the top line numbers (rounded a bit):

• Offer: 400k
• Current Monthly Income: 7250
• NOI: 3200
• Vacancy assumptions based on 2018 rent rolls: 10%
• Allowing 15% for Repairs, Maintenance, Cap Ex. 
• CAP 9.53%
• GRM 55

The range is 5 apartment units, 1 duplex, and 8 SFR. Units are in rentable condition, but all could use a cash infusion so the opportunity for limited forced appreciation is there; capped by market valuations for the area.

Does this look like a deal you would do? Is it crazy for a first time investor to jump into 15 units off the bat? 

Thanks for any input.

-Jason